By 2030, the global economy will create more green jobs than the number lost during the pandemic if investments in renewable energy are increased in line with sustainability targets set under the Paris Agreements, the International Renewable Energy Agency (IRENA) has said.

In its new Renewable Energy and Jobs Annual review 2021, complied in partnership with the International Labour Organisation, IRENA predicts that some 25 million new green jobs will be created by 2030, surpassing the 7 million lost due to the pandemic.

More Jobs will be Created by the Green Energy Transition Than Lost! | Devamı>>>

According to a new report by the Euro-Mediterranean Center for Climate Change (CMCC), the resulting climate impacts will cause irreversible devastation in G20 countries unless urgent action is taken to reduce emissions.

The first study of its kind, the G20 Atlas of Climate Impacts compiles scientific projections of how climate impacts could have implications for the world’s wealthiest countries in the coming years. The research finds that in the high-emissions scenario, exponential climate impacts can cause devastating damage to the G20.

Climate Change Impacts will Increase If G20 Countries Not Reduce Emissions! | Devamı>>>

Solar photovoltaics (PV) has become a mainstay of low-carbon sustainable energy strategies, with the cost of electricity generated by PV plants declining by 77% between 2010 and 2018. Trade and the globalisation of the solar PV market have been major factors driving the decrease in technology prices as manufacturers are able to source goods and services from competitive suppliers.

However, trade policies and harmonised coherent product standards are needed to unlock additional cost reductions and are therefore crucial to a globalised PV market that promotes safe and inclusive trade in solar PV goods and services`.

The Case for Open, High-Quality Solar Photovoltaic Markets… | Devamı>>>

Renewable energy broke a record in new electricity capacity in 2020 despite the effects of the COVID-19 pandemic and was the only electricity generation source to record a net increase in total capacity. While investment in renewable energy capacity has increased for 3 consecutive years, albeit relatively little, companies continued to break records in renewable electricity supply.

More countries are turning to renewable sources for the electrification of heat.

2021 Renewable Energy Global Status Report Published | Devamı>>>

Switzerland’s policy on fighting climate change has been thrown into doubt after voters rejected key measures in a popular vote.

A referendum saw voters narrowly reject the government’s plans for a car fuel levy and a tax on air tickets. The measures were designed to help Switzerland meet targets under the Paris Agreement on climate change.

Many voters appear to have worried about the impact on the economy as the country tries to recover from Covid-19.

Swiss Voters Reject Key Climate Change Measures | Devamı>>>

Elon Musk says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon.

“My top recommendation, honestly, would be just add a carbon tax,” Musk told Joe Rogan on The Joe Rogan Experience podcast on Thursday. “The economy works great. Prices and money are just information. … If the price is wrong, the economy doesn’t do the right thing.”

Currently, there is no direct monetary consequence for businesses and industries whose production releases greenhouse gasses into the atmosphere; in other words, it is free to create green house gasses, the most common and pervasive of which is carbon dioxide.

No.1 Way to Decrease Carbondioxide Emissions Would be to Levy a Tax on Carbon | Devamı>>>

Global investors managing nearly $7tn (£5.2bn) of assets plan to almost double their spending on renewable energy infrastructure over the next five years amid deepening concerns over the fossil fuel industry’s climate plans, according to a report.

A survey of institutional investors found that they are planning to increase their renewable energy investments from 4.2% of their overall portfolio to 8.3% in the next five years and 10.8% within the next decade to about $742.5bn.

Investors Plan Major Move Into Renewable Energy Infrastructure! | Devamı>>>

China has become the center of gravity for global energy markets. While energy demand growth has slowed or stopped in the Organisation for Economic Co-operation and Development (OECD) countries, China’s primary energy demand increased by more than 45% over the last decade. Going forward, the question is whether such growth will continue and how China’s energy system will change in response to the dual challenges of climate change and local pollution.

China is highly dependent on fossil fuel imports.

The Global Energy Trade’s New Center of Gravity | Devamı>>>

Renewable energy 2030 targets already written into official policy by 87 governments around the world would mean the construction of an estimated 721 gigawatts of new capacity in wind, solar
and other non-hydro renewable power technologies over the next decade, according to analysis by BloombergNEF. Meanwhile, those private sector companies that have joined the RE100 group, pledging to source 100% of their power from renewables, will need to buy an estimated 210 terawatt-hours of green electricity by 2030, on top of what they consume now, in order to be on track.

Global Trends in Renewable Energy Investment 2020 | Devamı>>>

A transition towards a low-carbon economy is forecast to boost output and employment growth in the EU thanks to a spur in investment in clean energy, according to a new report released on Tuesday. An analysis run by Cambridge Econometrics and EU agency Eurofound’s European jobs monitor calculated that the EU28 GDP would be 1.1 per cent higher by 2030 in case of the Paris Climate agreement was implemented compared to the baseline scenario.

The number of jobs would be boosted by 0.5 per cent over the same period.

Shift to Cleaner Energy Would Nudge Up EU Output, Report Shows | Devamı>>>

A transition towards a low-carbon economy is forecast to boost output and employment growth in the EU thanks to a spur in investment in clean energy, according to a new report released on Tuesday. An analysis run by Cambridge Econometrics and EU agency Eurofound’s European jobs monitor calculated that the EU28 GDP would be 1.1 per cent higher by 2030 in case of the Paris Climate agreement was implemented compared to the baseline scenario.

The number of jobs would be boosted by 0.5 per cent over the same period.

Shift to Cleaner Energy Would Nudge Up EU Output, Report Shows | Devamı>>>

With the Paris Agreement governments agreed that global greenhouse gas emissions need to be net-zero by 2050 to limit global warming to well below 2°C; but current emission reductions efforts fall short reaching this goal, the world is currently on track to 3°C+. The energy and especially the power sector with its fossil fuels coal, oil and natural gas is the dominant source of emissions.

A rapid decarbonization is required to enable emission reductions in all sectors.

Allianz Climate & Energy Monitor 2018 | Devamı>>>